BA105 Chapter 4 Test Questions with Correct Answers

BA105 Chapter 4 Test Questions with Correct Answers prototype focus group in-home windshield - Answer-Windshield Question 2 An analysis that determines the degree to which a product or service idea appeals to potential customers and identifies the resources necessary to produce the product or provide the service is referred to as . business prototyping (product or service feasibility analysis) business plan analysis financial feasibility analysis - Answer-Product or service feasibility analysis Question 3 The enactment of the Affordable Health Care Act in 2010 is an example of a change. technological political and legal economic demographic - Answer-Political and legal Question 4 Conducting research involves collecting data firsthand and analyzing it while research involves gathering data that has already been complied and is available. Product,Secondary Primary, Secondary Secondary, Primary Primary, Industry - Answer-Primary, Secondary Question 5 Time out of cash is relevant to analysis. business plan strategic business model financial feasibility - Answer-Financial Feasibility Question 6 The Internet is an example of a force. technological sociocultural demographic economic - Answer-Technological